Cardamom on MCX settled down -0.68% at 1261.9 amid reports of higher supplies of imported variety. However prices were further unlikely to improve in the coming week due to accumulation of imported stocks. Arrivals at the auction centres continued to shrink as the season has come to an end and number auctions have been cut in the absence of sufficient quantity.

Trading Ideas: 

*Cardamom trading range for the day is 1236.8-1280.4. 

*Cardamom prices dropped amid reports of higher supplies of imported variety. 

*However prices were further unlikely to improve in the coming week due to accumulation of imported stocks. 

*India exported 3,000 ton cardamom during Apr-Dec down from 3,825 on a year ago, data from Spices Board showed. 

*Cardamom prices in spot market dropped by 10.00 rupees and settled at 1363.20 rupees.

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